Tagged: united kingdom

December 6, 2016 @ 10:09 am By JD Alois  |  

Last weekend, Crowdfund Insider reported that Zopa was curtailing retail investor participation in peer to peer loans. We have now received a copy of the email that was sent out to Zopa investors explaining that current volumes of money transfers, combined with seasonally lower demand… Read More

December 6, 2016 @ 9:14 am By JD Alois  |  

Research indicates that Britons are in the dark about the funding options available. According to new research by Crowdfinders, UK entrepreneurs turn to their personal savings, friends/families and banks first.  This is despite the fact that many (64%) believe that its a dead end. Crowdfinders… Read More

December 6, 2016 @ 6:47 am By JD Alois  |  

Veeqo, a UK based software company, has announced a £1 million Series A crowdfunding round. Veeqo is a company that helps online retailers increase their profit by selling on multiple channels and by managing their inventory, orders and shipping across a single, cloud-based platform. Veeqo has… Read More

December 5, 2016 @ 4:53 pm By Samantha Hurst  |  

Troubadour Goods, a London-based menswear fashion brand, is currently seeking £500,000 through its newly launched equity crowdfunding campaign on Seedrs. Within just a few days, the company has secured more than £370,000 from nearly 40 investors. The brand, which was founded by Samuel Bail and Abel Samet,… Read More

December 5, 2016 @ 1:50 pm By Samantha Hurst  |  

New mobile app for moms, Mush, is closing in on £850,000 during the final days on equity crowdfunding platform, Crowdcube. The app launched its campaign in October and sought to raise £650,000. As previously reported, Mush was launched earlier this year by founders Katie Massie-Taylor and… Read More

December 5, 2016 @ 8:02 am By JD Alois  |  

Growth Street is now an FCA registered Appointed Representative.  Growth Street will now be able to accept individual investors on its peer to peer lending platform. Growth Street, an alternative finance platform for SMEs, previously only accepted incorporated businesses to lend and borrow to each… Read More

December 4, 2016 @ 3:26 pm By JD Alois  |  

David Brooks has joined Fintech firm Quint Finance Group as US territory director.  The new hire is part of the corporate strategy to expand into the US marketplace. Previously known as Quintessential Finance Group, Quint owns and operates four strategically aligned financial technology businesses channels in the… Read More

December 3, 2016 @ 2:40 pm By JD Alois  |  

Glentham Capital, created by Nicola Horlick – a renowned investment manager, film producer and CEO of Money&Co., raised funding on Seedrs three times. Beginning in 2013, an offer was posted seeking £150,000 for a fund  that would provide finance for Hollywood films. In 2014, “due to high… Read More

December 3, 2016 @ 11:41 am By Samantha Hurst  |  

Just a couple weeks after launchings its Seedrs campaign, peer-to-peer finance platform Flender has secured more than £380,000 out of its £500,000 funding target.  Flender, which is authorized and regulated by the Financial Conduct Authority under Registration Number 657861,  is looking to enable businesses and consumers… Read More

December 3, 2016 @ 11:18 am By JD Alois  |  

This may be a case of too much of a good thing. The FT is reporting that Zopa has put a halt to retail investors lending money on their peer to peer lending platform. Allegedly, yield hungry investors are “flooding” the market hunting for better… Read More

December 1, 2016 @ 10:36 am By Samantha Hurst  |  

Teneno, a IT networks company, has launched an equity crowdfunding campaign on Seedrs. The company is currently seeking £150,000 for growth and development of its products.  The company, which is based in London and has offices in New York and Hyderabad, offers technology that simplifies… Read More

December 1, 2016 @ 9:16 am By JD Alois  |  

Emerging Entrepreneur of the Year awarded to Chris Gauld, Chief Executive, Spark Energy   Entrepreneurial Scotland, hosted its 20th annual dinner and awards last night (November 30th). The event was a celebration of entrepreneurial success, recognising the role of entrepreneurs at all stages, and their… Read More

November 30, 2016 @ 11:31 am By Samantha Hurst  |  

On Tuesday evening, Craft brewery Innis & Gunn closed its successful equity crowdfunding campaign on Crowdcube with over £2.4 million in funding. The brewery secured its initial £1 million funding target within 72 hours of the initiative’s debut. Innis & Gunn has dubbed itself the second-largest craft brewer in… Read More

November 29, 2016 @ 9:37 am By Samantha Hurst  |  

Craft brewery Innis & Gunn is set to close its equity crowdfunding campaign on Crowdcube with nearly £2.3 million in funding. The UK-based brewer launched the initiative earlier this month, seeking £1 million and smashed the funding target in 72 hours. Innis & Gunn was founded in 2003… Read More

November 29, 2016 @ 9:24 am By JD Alois  |  

The UK’s largest investment crowdfunding platform Crowdcube recently published an updated “Due Diligence Charter”. The document was created to express Crowdcube’s commitment to “investor transparency” and guiding principles. Crowdcube stated; “As a platform approved and regulated by the Financial Conduct Authority, we review and approve… Read More

November 28, 2016 @ 12:11 pm By Samantha Hurst  |  

Bluebella, a London-based lingerie and nightwear fashion brand, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Crowdcube. The intiative was launched earlier this month and has less than two weeks until its closing date. As previously reported, Bluebella was… Read More

November 28, 2016 @ 8:21 am By JD Alois  |  

Seedrs Benelux has successfully funded its first Dutch company.  Fitmo, the Olympian-backed personal training app, is now the first Dutch campaign to fund on Seedrs following the opening of its Amsterdam office. Fitmo is a personal training app backed by Olympic star Haile Gebrselassie, who has… Read More

November 26, 2016 @ 11:47 am By JD Alois  |  

The Enterprise Investment Scheme Association (EISA) was created to advocate on behalf of the small companies that greatly benefit from the progressive tax benefits given to investors in UK SMEs.  EISA works closely with HM Treasury, HM Revenue and Customs, Government Ministers, MPs and the… Read More

November 26, 2016 @ 7:07 am By Samantha Hurst  |  

With less than two weeks until its equity crowdfunding campaign on Crowdcube comes to an end, new mobile app for moms, Mush, has secured its £650,000 funding target and has even surpassed £700,000 from more than 400 investors.  Launched earlier this year by founders Katie Massie-Taylor and… Read More

November 25, 2016 @ 10:25 am By JD Alois  |  

The Chancellor of the Exchequer’s Autumn Statement contained various boosts to business including acknowledgment of the importance of early stage companies for the UK economy. Chancellor Philip Hammond stated; “By injecting an additional £400m into venture capital funds through the British Business Bank, unlocking £1… Read More